Asset Valuation
(Constituted in the Republic of Singapore pursuant to a trust deed dated 31 March 2006 (as amended)) ASSET VALUATION Pursuant to Rule 703 of the SGX-ST Listing Manual, ESR Funds Management (S) Limited, the Manager of ESR-REIT, announces new independent valuations as at 31 December 2017 for ESR-REIT’s properties. The valuations were conducted by Savills Valuation and Professional Services (S) Pte Ltd (“Savills”) and Edmund Tie & Company (SEA) Pte Ltd (“ETC”) and are as follows: No. Address Market Valuation as at 31 December 2017 Logistics/Warehousing 1 1 Third Lok Yang Road and 4 Fourth Lok Yang Road $11,700,000 2 31 Tuas Avenue 11 $12,300,000 3 25 Changi South Avenue 2 $12,500,000 4 160 Kallang Way $26,800,000 5 3C Toh Guan Road East $29,700,000 6 9 Bukit Batok Street 22 $23,600,000 7 4/6 Clementi Loop $48,100,000 8 24 Jurong Port Road $89,400,000 9 3 Pioneer Sector 3 $95,700,000 Light Industrial 10 16 Tai Seng Street $60,500,000 11 70 Seletar Aerospace View $9,200,000 12 30 Teban Gardens Crescent $38,900,000 13 30 Toh Guan Road $59,700,000 14 128 Joo Seng Road $12,000,000 15 130 Joo Seng Road $15,600,000 16 136 Joo Seng Road $12,800,000 17 11 Serangoon North Avenue 5 $20,000,000 No. Address Market Valuation as at 31 December 2017 General Industrial 18 79 Tuas South Street 5 $11,000,000 19 1/2 Changi North St 2 $22,000,000 20 9 Tuas View Crescent $10,200,000 21 28 Senoko Drive $13,700,000 22 31 Changi South Ave 2 $12,000,000 23 21B Senoko Loop $26,400,000 24 22 Chin Bee Drive $14,500,000 25 31 Kian Teck Way $5,700,000 26 2 Tuas South
[Show full text]